Brussels, SAEDNEWS: The European Union’s leader has called on the 27-nation bloc to ban oil imports from Russia in a sixth package of sanctions targeting Moscow.
European Commission President Ursula von der Leyen also proposed that Sberbank, Russia’s largest bank, and two other major banks be disconnected from the SWIFT international banking payment system.
Von der Leyen, addressing the European Parliament in Strasbourg, France, called on the EU’s member nations to phase out imports of crude oil within six months and refined products by the end of the year.
The proposals need to be unanimously approved to take effect and are likely to be the subject of fierce debate. Von der Leyen conceded that getting all 27 member countries – some of them landlocked and highly dependent on Russia for energy supplies – to agree on oil sanctions “will not be easy” (Source: Al-Jazeera).